Permitted Licenses. Agent hereby covenants and agrees that in connection with any foreclosure or other exercise of Agent’s rights with respect to Permitted Licenses, Agent shall not terminate, limit, or otherwise adversely affect the rights of the licensees or sublicensees under such Permitted Licenses, so long as such licensee or sublicensee is not then otherwise in default under the applicable Permitted License in a way that would permit the applicable licensor to terminate such Permitted License.
Permitted Licenses. (l) to the extent constituting a Lien, the interests granted by Xxxxxxxx to HCA in the Cash Reserve Account pursuant to HCA Agreement.
Permitted Licenses. Anything in the Loan Agreement or this Agreement to the contrary notwithstanding, Borrower may grant non-exclusive licenses of the Trademark Collateral (subject to the security interest (if any) of Secured Party therein) in the ordinary course of business consistent with past practice.
Permitted Licenses. (a) Subject to the provisions of paragraph (b) below, LAPA shall have the right to license the use of the Entertainment Space and/or Parking Facilities to other parties for the purpose of presenting Events (a “Permitted License”). A holder of a Permitted License may be referred to herein as a “Permitted Licensee”. Each Permitted Licensee shall be entitled to receive in connection with its performances all of the services which are to be provided under this Lease to LAPA in connection with Events presented by LAPA. LAPA may not, however, use Permitted Licensees to fulfill its obligations under Section 6.5 hereof (except as provided herein).
Permitted Licenses. (p) solely with respect to the Borrower, the pledge of its membership interests in JPR Royalty Sub pursuant to the “Pledge and Security Agreement” (as defined in the JPR Indenture as in effect on the date hereof);
Permitted Licenses. (e) (i) Asset Dispositions by any Borrower to another Borrower, and (ii) Asset Dispositions by any other Credit Party or Subsidiary to a Borrower or another Credit Party (other than Holdings);
Permitted Licenses. (e) licenses, transfers of assets, rights or property by Borrower or any Subsidiary to (i) any Obligor or (ii) solely with respect to assets, rights or property other than Intellectual Property, any Subsidiary that is not an Obligor; provided, in that in the case of any Asset Sales made by Obligors to non-Obligors pursuant to this clause (ii), the fair market value of the subject assets (excluding Inventory and foreign Product Authorizations transferred to Subsidiaries formed outside the United States in the Ordinary Course) shall not exceed $5,000,000 (or the Equivalent Amount in other currencies) in the aggregate;
Permitted Licenses. (f) purchase money Liens (i) on Equipment acquired or held by Borrower incurred for financing the acquisition of the Equipment securing no more than Seven Hundred Fifty Thousand Dollars ($750,000.00) in the aggregate amount outstanding, or (ii) existing on Equipment when acquired, if the Lien is confined to the property and improvements and the proceeds of the Equipment;
Permitted Licenses. (f) the disposition of tooling and other items in accordance with and as set forth in the Vesta Manufacturing Agreement; MidCap / Sientra / Second A&R Credit and Security Agreement (Term)
Permitted Licenses. (g) Liens upon any equipment or other personal property acquired by Borrower after the date hereof to secure (i) the purchase price of such equipment or other personal property, or (ii) capital lease obligations or indebtedness incurred solely for the purpose of financing the acquisition of such equipment or other personal property; provided that (A) such Liens are confined solely to the equipment or other personal property so acquired and the amount secured does not exceed the acquisition price thereof, and (B) no such Lien shall be created, incurred, assumed or suffered to exist in favor of Borrower’s officers, directors or shareholders holding five percent (5%) or more of Borrower’s Equity Securities;
